AprilSueMadison
Expert
After many days of searching, this is what I've found for Florida -
"MEDICARE/MEDICAID RECORDS (Item # 132)
This records series consists of all financial, administrative and program records associated with Medicare and Medicaid claims, reimbursement, and client activities. 409.907 and .913 F.S.RETENTION:
a) Record copy. 5 fiscal years provided all audit issues have been resolved.
b) Duplicates. Retain until obsolete, s
uperseded or administrative value is lost. "
This seems to mean that we should be keeping Medicare EOBs for a minimum of five years. Should we apply this rule to all of our EOBs since we have something related to Medicare? Is that just the safest thing to do?
I'm starting a process to get EOBs scanned and kept and I want to make sure I'm doing all of this correctly.
"MEDICARE/MEDICAID RECORDS (Item # 132)
This records series consists of all financial, administrative and program records associated with Medicare and Medicaid claims, reimbursement, and client activities. 409.907 and .913 F.S.RETENTION:
a) Record copy. 5 fiscal years provided all audit issues have been resolved.
b) Duplicates. Retain until obsolete, s
uperseded or administrative value is lost. "
This seems to mean that we should be keeping Medicare EOBs for a minimum of five years. Should we apply this rule to all of our EOBs since we have something related to Medicare? Is that just the safest thing to do?
I'm starting a process to get EOBs scanned and kept and I want to make sure I'm doing all of this correctly.